Our Guaranteed Rent Scheme provides security and peace of mind for Landlords seeking to rent their property, taking away the worry of not receiving your rent in full or on time.
HMO Management Agency offer two options for guaranteed rental:
Option One means we effectively become your tenant, guaranteeing your rent on a fixed day every month, regardless of whether your property is rented or not. We will also continue paying you even if the tenant has stopped paying the rent for any reason. We take full responsibility for the property (excluding the boiler). This is perfect for hands off landlords looking for a secure long-term tenant and guaranteed rental option.
Your property will be valued by our experienced staff, after which we will offer a set amount for a minimum period of one year. We guarantee to start the contract the day a tenant moves into the property. Before the commencement of the tenancy, HMO management can arrange a third party inventory for you to ensure peace of mind when it comes to handing your property back. As your tenant, we assume all contractual responsibilities beyond rent payments. For example, should the person residing in the property refuse to vacate it at the end of their contract, or break the terms of the contract causing the need for legal action, all costs will be met by HMO management agency.
Option two means we can offer a guaranteed rent package alongside our usual rental packages. We will not become your tenant but we will manage all day to day tenant queries and any issues with the property. Periodic inspections of the property will be made, and a copy of the report will be kept on file and made available upon request. If a maintenance issue occurs, where possible we will allow you to rectify it. Alternatively, we can arrange for a local contractor to carry out the required works. Once complete, a copy of the invoice will be sent to the Landlord and the invoice total deducted from the next payment due. We only use professional and reputable contractors. You will receive your guaranteed rental for a full year once a tenant has moved into the property.
Our Guaranteed Rental Scheme is the most popular option for our Landlords. Your property will be fully managed by a professional agency, and it provides total piece of mind knowing that your rent is assured and will always be paid on time.
Fully Managed Service
Our most comprehensive service after the Guaranteed Rent Scheme. Landlords are provided with the following services:
- Rent collection and payment
- Tenancy agreements
- All statutory notices
- Full inventory *extra charges apply
- Credit checking and full tenant assessment
- Periodic inspections and reports
Let Only Service
The most economical way to rent your property, with limited services. The Let Only service provides Landlords with the following:
- Fully vetted suitable tenants
- Tenancy agreement
- All statutory notices at commencement of tenancy
- Full inventory *extra charges apply
